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A comment on Why Henry III's gold penny failed. Parent comment

Re:Why Henry III's gold penny failed by BitwiseFool on Monday January 31, 2022 @04:45PM (#30154927)
But has a free market actually existed? I sense "the free market" is a platonic ideal that has not, and cannot, be realized in the real world.
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Re:Why Henry III's gold penny failed by WalterBright on Monday January 31, 2022 @06:30PM (#30156356)
A free market doesn't have to be perfect to work well. Just like friction doesn't have to be zero in order for a lubricant to work.

Socialism, however, works worse and worse the closer things get to ideal socialism.

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